SteelOrbis has learned from market sources that Australian PB fines with 61.5 percent iron content are currently quoted at $137-139/mt CFR in China, while the price for Australian Yandi fines with 58 percent iron content is at $125-128/mt CFR.
In the meantime, SteelOrbis has further learned that the price of Indian fines with 63-63.5 percent iron content is standing at $145-147/mt CFR, while the price of Indian fines with 61-62 percent iron content is at $135-137/mt CFR.
Iron ore prices have been moving downward steadily since the beginning of this week.
Latest Australian and Indian iron ore prices for China
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Iron Ore Raw Mat India China Australia Oceania Indian Subcon Far East South Asia East Asia and Pacific Steelmaking